The LIC HFL Vidyadhan Scholarship 2024, drawing inspiration from the Sanskrit words for knowledge (Vidya) and wealth (Dhan), is designed to support ambitious students facing financial challenges. This scholarship awards ₹20,000 per year for two years to students who have recently completed their 10th grade and wish to continue their education.
This initiative provides a crucial lifeline for students from low-income families who find it difficult to cover college expenses. It offers them a valuable opportunity to pursue their academic goals and secure a brighter future. Eligible candidates should seize the opportunity to apply via the official website.
The LIC HFL Vidyadhan Scholarship 2024 offers three different types of scholarships:
- For 10th Grade Pass Students: This scholarship is for students who have recently completed their 10th grade. It aims to support them in continuing their educational journey.
- For Undergraduate Students: This scholarship is intended for students who are in the final stages of their undergraduate studies. It is designed to help them complete their degree without financial stress.
- For Postgraduate Students: This scholarship is for students who have completed their undergraduate degree and are pursuing further studies at the postgraduate level. It is designed to assist them in achieving their higher education goals.
Eligibility Criteria for LIC HFL Vidyadhan Scholarship 2024
The LIC HFL Vidyadhan Scholarship 2024 offers support to students at various stages of their education:
For 10th Grade Pass Students:
- This scholarship is for students currently enrolled in the 11th grade in any recognized school in India.
- Students who have achieved more than 60% marks in their 10th grade board exams are eligible to apply.
- The total annual family income from all sources should not exceed ₹3,60,000.
For Undergraduate Students:
- Students enrolled in the first year of any undergraduate program at a recognized college/university/institution in India can apply.
- Applicants must have passed their 12th grade board exams with a minimum of 60% marks.
- The total annual family income from all sources should not exceed ₹3,60,000.
For Postgraduate Students:
- This scholarship is available for students in the first year of any postgraduate program at a recognized college/university/institution in India.
- Applicants must have achieved at least 60% marks in their undergraduate programs.
- The total annual family income from all sources should not exceed ₹3,60,000.
Responsibilities Under the LIC HFL Vidyadhan Scholarship 2024:
- Proper Utilization of Scholarship Funds:
- Ensure that the scholarship amount is used for educational purposes such as tuition fees, books, uniforms, transportation, and other school or college-related expenses.
- Academic Performance:
- Maintain a good academic record throughout the duration of the scholarship.
- Meet the minimum academic performance criteria set by the scholarship program.
- Adherence to Guidelines:
- Follow all the rules and regulations specified by the LIC HFL Vidyadhan Scholarship program.
- Comply with any additional requirements or instructions provided by the scholarship authorities.
- Regular Attendance:
- Attend school or college regularly and participate actively in academic and extracurricular activities.
- Submission of Required Documents:
- Provide all necessary documents such as progress reports, academic transcripts, and any other required certifications promptly to the scholarship authorities.
- Reporting Progress:
- Submit periodic progress reports or updates to the scholarship provider, as required.
- Inform the scholarship authorities about any significant changes in academic or personal status.
- Transparency and Honesty:
- Provide accurate and truthful information during the application process and in any subsequent communications or reports.
- Maintain transparency in the utilization of scholarship funds.
- Participation in Evaluations:
- Participate in any evaluations or assessments organized by the scholarship authorities to monitor academic progress and proper utilization of funds.
- Community Involvement:
- Engage in community service or development activities, if required as part of the scholarship conditions.
- Promote awareness about the scholarship program among peers and eligible students.
- Timely Renewal Applications:
- Apply for scholarship renewal or continuation, if applicable, before the stipulated deadlines.
- Provide all necessary documentation and meet any criteria for scholarship renewal.
- Communication:
- Maintain regular communication with the scholarship provider for updates and information.
- Notify the scholarship authorities promptly about any issues or changes in circumstances that might affect the scholarship.
By fulfilling these responsibilities, students can ensure the continuation of their scholarship support, contribute to their educational success, and uphold the integrity of the LIC HFL Vidyadhan Scholarship program.
Documents Required for LIC HFL Vidyadhan Scholarship 2024
To apply for the LIC HFL Vidyadhan Scholarship 2024, applicants must provide the following key documents:
- Photo ID Proof
- Marksheet of the previous educational qualification
- Income Certificate
- Proof of Admission
- Fee Receipt for the current academic year
- Bank Account Details
- Proof of Address
- Disability and Caste Certificate (if applicable)
Benefits of LIC HFL Vidyadhan Scholarship 2024
The LIC HFL Vidyadhan Scholarship 2024 offers significant benefits tailored to different educational stages:
- For Students Transitioning from 10th to 11th and 12th Grade: An annual grant of ₹10,000 is provided for two years to support ongoing studies.
- For Undergraduate Students: An annual scholarship of ₹15,000 is given for three years, reducing financial burdens during their undergraduate degree.
- For Postgraduate Students: An award of ₹20,000 per year is granted for two years to assist with advanced studies.
These scholarships aim to alleviate financial stress, allowing students to focus on their academic journey. With these grants, LIC HFL seeks to empower students from diverse backgrounds, ensuring that financial constraints do not hinder their educational aspirations and fostering a brighter future for both the students and their communities.
Selection Process for LIC HFL Vidyadhan Scholarship 2024
The selection process for the LIC HFL Vidyadhan Scholarship 2024 is straightforward. Applicants are selected based on their academic qualifications and financial needs. To apply, candidates must carefully complete the application form. The screening of applications considers both eligibility and financial requirements. Shortlisted candidates will undergo a telephone discussion, followed by an in-person interview as the final selection stage.
Applicants must meet certain criteria for selection:
- Academic Qualification: Applicants should have secured 65% or more marks in their previous examination.
- Financial Need: Preference is given to students from low-income families with an annual income of less than INR 3,00,000 (3 lakhs).
- Crisis Situation: Students facing crises, such as those supported by a single parent, orphans, students with severely ill or deceased parents, or those from families who have lost their job in the past 12 months, are given priority.
Adhering to these guidelines increases the likelihood of being selected for this scholarship opportunity.
How to Apply for LIC HFL Vidyadhan Scholarship 2024
To apply for the LIC HFL Vidyadhan Scholarship 2024, follow these simple steps:
- Visit the official website at buddy4study.com/page/lic-hfl-vidyadhan-scholarship.
- Navigate to the Scholarship section on the homepage.
- Click on the scholarship link to open the application form.
- Carefully fill out the application form with accurate information.
- Ensure you upload all required documents as per the instructions.
- Once all information is filled in and documents are uploaded, submit the completed scholarship form.
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